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User_gary Posted 16 years ago
Vocabulary
Falling through the floor, baby boomers
What is an Annuity Policy?
With retirement accounts declining, and 401Ks falling through the floor, the answer may be found in annuity life insurance policies. With money being pumped into secure investments, life insurance carriers are looking to annuity markets to catch the dollars of those baby boomers and avoid plugging their income or savings into retirement funds.
Protect your family and your investments with an annuity policy
This kind of market, annuity policy, provides the best option for insurance companies to make money, and that is why they are keeping rates low. Investing money in these policies at low rates allows the life insurance seeker to keep a savings and investment policy while still retaining the insurance over their life and death that is so essential to themselves and their family.
Please explain to me the emboldened parts.
Source : http://annuity-life-insurance-policy.com/what-is-annuity-policy
With retirement accounts declining, and 401Ks falling through the floor, the answer may be found in annuity life insurance policies. With money being pumped into secure investments, life insurance carriers are looking to annuity markets to catch the dollars of those baby boomers and avoid plugging their income or savings into retirement funds.
Protect your family and your investments with an annuity policy
This kind of market, annuity policy, provides the best option for insurance companies to make money, and that is why they are keeping rates low. Investing money in these policies at low rates allows the life insurance seeker to keep a savings and investment policy while still retaining the insurance over their life and death that is so essential to themselves and their family.
Please explain to me the emboldened parts.
Source : http://annuity-life-insurance-policy.com/what-is-annuity-policy
Top answer
Falling through the floor: dropping extremely fast, becoming valueless. Baby Boomers: Right after World War II, there was a spike in the birthrate in the US, people born from 1946-1964 are the generation called the "baby boomers".
- Falling through the floor: dropping extremely fast, becoming valueless.
- Baby Boomers: Right after World War II, there was a spike in the birthrate in the US, people born from 1946-1964 are the generation called the "baby boomers".
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1 Answers
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Falling through the floor: dropping extremely fast, becoming valueless.
Baby Boomers: Right after World War II, there was a spike in the birthrate in the US, people born from 1946-1964 are the generation called the "baby boomers".
Baby Boomers: Right after World War II, there was a spike in the birthrate in the US, people born from 1946-1964 are the generation called the "baby boomers".
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